Vistaprint Q4'FY14 revenue lift 4% to $338.2mn

31 Jul '14
2 min read

Vistaprint N.V., a leading online provider of professional marketing products and services to micro businesses and the home, announced financial results for the three month period ended June 30, 2014, the fourth quarter of its 2014 fiscal year.
 
Fourth quarter 2014 results:
-Revenue grew 21 percent year over year to $338.2 million
-Revenue grew 4 percent year over year excluding the impact of currency exchange rate fluctuations and revenue from fiscal year 2014 acquisitions
-GAAP net income per diluted share decreased 57 percent year over year to $0.03
-Non-GAAP adjusted net income per diluted share increased 83 percent year over year to $0.75
 
Fiscal year 2014 results:
-Revenue grew 9 percent year over year to $1,270.2 million
-Revenue grew 4 percent year over year excluding the impact of currency exchange rate fluctuations and revenue from fiscal year 2014 acquisitions
-GAAP net income per diluted share increased 51 percent year over year to $1.28
-Non-GAAP adjusted net income per diluted share increased 37 percent year over year to $2.95
 
“Our fourth quarter revenue growth and operating profitability improved meaningfully versus our third quarter results,” said Robert Keane, president and chief executive officer. “Revenue performance improved in the markets in which we had implemented major pricing and marketing changes for the Vistaprint brand in fiscal 2014 – the U.S., UK and Germany. We still have more work to do to improve our results and our customer value proposition around the world, including in those three countries, but we are confident that our efforts will support long-term growth and profitability of our business. Our recent acquisitions of People & Print Group and Pixartprinting grew ahead of our expectations.”
 
Keane continued, “Our results for the quarter and the full fiscal year reflect good execution against our plan to expand operating profit margins. Yet even as we delivered margin expansion, we also invested heavily in proprietary technology, improvements to product quality and selection, customer service and user experience. As we have for the past several years, we made major investments in our industry-leading manufacturing and supply chain infrastructure, which we believe is an operational asset that can drive long-term scale advantage across our multiple customer-facing brands.”
 
Click here to view full results.
 

Vistaprint

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